Popular Inc expected to post earnings of $2.31 a share - Earnings Preview

Popular

21/10/2024 16:53

* Popular Inc  BPOP.OQ   BPOP.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The San Juan Puerto Rico-based   company is expected to
report a
12.5% increase in revenue to $600.625 million from $534.02
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (Sales/ Revenue majority basis is
on net interest income)
    * ​LSEG's mean analyst estimate for Popular Inc is for
earnings of
$2.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Popular Inc
is
117.00​, above​ its last closing price of $100.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.11        2.12       2.46      Beat    16.3
 Mar. 31 2024  1.89        1.86       1.88      Beat    1
 Dec. 31 2023  1.62        1.61       1.95      Beat    ​
 Sep. 30 2023  1.84        1.85       1.90      Beat    2.7
 ​​Jun.        1.82        1.81       2.10      Beat    16
 30 2023                                                
               2.04        2.62       2.22      Missed  9.1​
 Jan. 1 0001   2.65        2.62       3.56      Beat    36
 Sep. 30 2022  2.73        2.71       5.70      Beat    
 This summary was machine generated October 21 at 15:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)